What needed solving
Unit needed re-letting to a covenant strong enough to satisfy the lender while offering the flexibility SMEs now expect post-pandemic.
Business park unit in Livingston let to a technology SME on flexible terms. Fully managed including landscaping and shared facility coordination.
Unit needed re-letting to a covenant strong enough to satisfy the lender while offering the flexibility SMEs now expect post-pandemic.
Positioned as Grade A refurbished space, targeted smaller technology and professional services occupiers, negotiated a 5-year lease with a tenant break at year 3 to balance flexibility and income security.
Technology occupier secured within 6 weeks of marketing launch. Lease on terms acceptable to lender, break clause provides tenant confidence, strong rent achieved.
Other commercial assets we've worked on across the UK.
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